India added around 5.9 GW of utility scale solar generation capacity and 1.7 GW of rooftop PV in the last financial year, according to Haryana-based analysts JMK Research and Analytics.
The additions took the country’s total capacity to around 35 GW at the end of March.
With 1.7 GW of new solar added in 2019-20, Rajasthan was one of three states, along with Karnataka (1.4 GW) and Tamil Nadu (1.3 GW) which between them accounted for around 60% of the new capacity added in the last fiscal year.
Domestic solar manufacturers supplied around 40% of the modules installed during the accounting period – for utility scale projects, on-site consumption, off-grid capacity and solar pumps – and two of the top three suppliers were Indian: Waaree, with 10.1% of the module market, and Adani, with 8.6%. Chinese manufacturer Risen was the second-largest supplier in India, accounting for around 9.9% of the market.
China’s Huawei, with 19% of the inverter market, and Sineng (18.2%), plus Japan’s TMEIC (15.5%) were the suppliers of their product for utility scale solar. In terms of rooftop inverters, Chinese firms Sungrow (19.4%), Growatt (12.7%) and Solis (10.7%) topped the pile.
NLC, with 12% of the capacity added in 2019-20, was the largest utility scale solar project developer, followed by SB Energy (11%) and ReNew Power (9.6%). Cleantech Solar, Amplus and Azure were the leading on-site-consumption and/or rooftop solar installers.
JMK Research and Analytics has predicted India will add around 6.6 GW of utility scale solar and 1.4 GW of rooftop and on-site-consumption solar capacity during the current fiscal year.
At the end of March, India had some 35 GW of project capacity at the bidding stage and 22 GW in the development pipeline, according to the analyst.
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